Brent crude falls below $100 for first time since late April

The drop comes after Brent crude futures saw third-largest drop in dollar terms on Tuesday

Crude Oil Price


Brent crude futures dropped below $100 for the first time since April 25th as recession fears fueled a broader selloff.

The drop comes after Brent crude futures saw third-largest drop in dollar terms on Tuesday.

Earlier, Citigroup Inc.’s Ed Morse said the outlook for oil demand will likely see further downward revisions amid higher fuel prices.

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First Published: Wed, July 06 2022. 20:19 IST

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